Wednesday, February 25, 2009

Steel prices in emerging markets continue to slide

 MEPS report that Turkey has seen more price reductions and although Russian suppliers have increased the price on quotes, activity remains very low.

South Africa remains busy in long products due to Government construction, but  the flat products remains quiet.

Mexican prices are falling, whilst Brazil remains stable, at half the activity level of this year.

Prices in India continue to fall

Read the full report at MEPS where you can find more detailed information on prices and activity in the Steel Industry.


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